This is an example of the documents necessary for the acquisition of a condo association client as well as the necessary documents for the property tax appeal of said client.

1. 5046 South Greenwood Avenue
Chicago,IL 60615
Phone: 312-314-2017
Email: staff@lawfirm.com
Michelle Ovence
June 13th, 2020
CONDO ASSOCIATION PROPERTY TAX ANALYSIS
TO: Condominium Homeowners Association for 804 E HILLSIDE AVE
RE: Cook County, Barrington Township, 2020 Tax-Year
Series Index No.: 01-01-219-003-XXXX
According to the Assessor's records, your Condominium Homeowners Association consists of 42 total units which were
constructed 40 years ago, situated amongst other units at the address of 804 E HILLSIDE AVE (Association).
Based on our review, it appears that the latest 2020 tax-year assessment of 645,570 is excessive. This value appears
excessive when the recent sales within the association have been extrapolated.
POTENTIAL CONDO ASSOCIATION TAX SAVINGS
The Association has a Cook County assigned Tax Code value of 10021, the latest tax rate per the Tax Code 10021 is
7.522%, and the latest Cook County multiplier is 2.916.
The proposed assessment value of the Association (AV) is 645,570. With your authorization, we will file an appeal to
seek a reduced AV of 348,900, thus the difference in AV would be 296,670. To calculate the potential tax savings, we
multiply the difference in AV (X) the latest tax rate (X) the latest muliplier.
Therefore, our opinion of potential tax savings is:
AV difference 296,670 * Tax Rate 0.07522 * Cook County Multiplier 2.916 = $65,072 Potential Association Tax Savings
Kind Regards,
The Law Offices of Michelle Ovence, LTD.
Michelle Ovence

2. 5046 South Greenwood Avenue
Chicago,IL 60615
Phone: 312-314-2017
Email: staff@lawfirm.com
Michelle Ovence
June 13th, 2020
SUPPLEMENTAL MEMORANDUM - BRIEF
TO: The Cook County Assessor
RE: Cook County, Barrington Township, 2020 Complaint No.: TBD
Series Index No.: 01-01-219-003-XXXX
THE PROPERTY
The subject property is a 2-99 class residential condominium that consists of 42 units (Property).
UNIT SALES INDICATE AN EXCESSIVE ASSESSMENT
A review of the individual condominium unit sales at the Property evidences the fact that the 2020 tax-year proposed
assessment value of 645,570, thus a proposed market value of $6,455,700, exceeds the actual market value of the
Property.
Submitted herewith and hereby incorporated by reference is the Condominium Unit Sale Analysis Grid which lists the
units recently sold and the Condo Unit Extrapolation Grid which is a summary analysis of all the condominium units based
upon units sold and their percentage of interest.
URBAN WEIGHTED MEDIAN
A county's median level of assessment is determined by dividing the county's total assessed value by the county's total
estimate of full value. This preferred method of calculating a county multiplier is referred to as the urban-weighted median
ratio. The sales prices of each unit is reduced by 10.65% which is the latest IDOR (Illinois Department of Revenue)
urban-weighted median ratio for Cook County. [Recent Sale Amount - Urban Weighted Median Ratio = Adjusted Sale].
EXTRAPOLATION
The market value of the condominimum association may be extrapolated by dividing the adjusted sale value of a unit sale
by the respective ownership percentage [Adjusted Sale / Ownership Percentage = Market Value of Condo Association].
Extrapolating from the values of the Condominium Unit Sale Analysis Grid, the market value of the entire condominimim
association would be $3,488,995 as detailed on the Condo Unit Extrapolation Grid.
REQUESTED ASSESSMENT
The assessment of each individual unit should be equal to such unit's percentage of ownership (as set forth in the
condominium declaration) multiplied by the assessment of the condo association as a whole [Ownership Percentage *
Market Value of Association = Adjusted Sale per PIN].
In this case, we submit that the fair market value of the condo association as a whole is $3,488,995. We further submit
that a uniform assessment percentage of 10% should be applied to the fair market value of the condo assocition as a
whole to arrive at an assessment of 348,900 [Market Value of Assocation * 10% Assessment Value Conversion Value =
Total Association Assessment Value]. The assessment of the condo association as a whole should be spread among the
individual units according to their respective ownerhsip interests as set forth in the condo declaration.
IT IS RESPECTFULLY REQUESTED, that there be established for 2020, a total assessed valuation for the Property of
348,900.
Kind Regards,
The Law Offices of Michelle Ovence, LTD.
Michelle Ovence

3. Condominium Unit Sale Analysis Grid
The recent sale of PIN: 01-01-219-003-1015 for $110,000 is isolated as a metric for the extraploation grid.
PIN Root PIN % of Ownership Sale Date Age Property Address Apt Condo Sale $ Cook MV $ Class
01-01-219-003-1015 01-01-219-003 2.8170000 2017-09-13 40 804 E HILLSIDE AVE BARRINGTON 110,000 181,860 299
01-01-219-003-1001 01-01-219-003 2.6340000 2017-05-12 40 100 QUEENS COVE BARRINGTON 163,000 170,040 299

4. Condo Unit Extrapolation Grid
The assessment of each individual unit should be equal to such unit's percentage of ownership as
set forth in the Condominium Homeowner's Association (Association) Declaration multiplied by the
assessment of the Association as a whole.
In this case, we submit that the fair market value of the Association as a whole is $3,489,000. We
further submit that a uniform assessment percentage of 10% should be applied to the fair market
vlaue of the Association as a whole to arrive at an assessment of 348,900.
The assessment of the Association as a whole should be spread among the individual units
according to their respective ownership interests as set forth in the condominium homeowner's
association declaration. We respectfully request that the Assessor assesses these units accordingly.

5. Condo Unit Extrapolation Grid
PIN CLASS LAND AV BUILDING AV TOTAL AV HOUSE DIR STREET SUFFIX APT CITY AGE % OF INT. REQUESTED TOTAL AV
01-01-219-003-1001 299 2,133 14,871 17,004 100 QUEENS COVE BARRINGTON 40 2.63400 9,190
01-01-219-003-1002 299 1,370 9,550 10,920 102 QUEENS COVE BARRINGTON 40 1.69150 5,902
01-01-219-003-1003 299 2,281 15,905 18,186 104 QUEENS COVE BARRINGTON 40 2.81700 9,829
01-01-219-003-1004 299 2,281 15,905 18,186 106 QUEENS COVE BARRINGTON 40 2.81700 9,829
01-01-219-003-1005 299 1,370 9,550 10,920 108 QUEENS COVE BARRINGTON 40 1.69150 5,902
01-01-219-003-1006 299 2,133 14,871 17,004 110 QUEENS COVE BARRINGTON 40 2.63400 9,190
01-01-219-003-1007 299 2,133 14,871 17,004 200 QUEENS COVE BARRINGTON 40 2.63400 9,190
01-01-219-003-1008 299 1,370 9,550 10,920 202 QUEENS COVE BARRINGTON 40 1.69150 5,902
01-01-219-003-1009 299 2,281 15,905 18,186 204 QUEENS COVE BARRINGTON 40 2.81700 9,829
01-01-219-003-1010 299 2,281 15,905 18,186 206 QUEENS COVE BARRINGTON 40 2.81700 9,829
01-01-219-003-1011 299 1,370 9,550 10,920 208 QUEENS COVE BARRINGTON 40 1.69150 5,902
01-01-219-003-1012 299 2,133 14,871 17,004 210 QUEENS COVE BARRINGTON 40 2.63400 9,190
01-01-219-003-1013 299 2,133 14,871 17,004 800 E HILLSIDE AVE BARRINGTON 40 2.63400 9,190
01-01-219-003-1014 299 1,370 9,553 10,923 802 E HILLSIDE AVE BARRINGTON 40 1.69200 5,903
01-01-219-003-1015 299 2,281 15,905 18,186 804 E HILLSIDE AVE BARRINGTON 40 2.81700 9,829
01-01-219-003-1016 299 2,281 15,905 18,186 806 E HILLSIDE AVE BARRINGTON 40 2.81700 9,829
01-01-219-003-1017 299 1,370 9,553 10,923 808 E HILLSIDE AVE BARRINGTON 40 1.69200 5,903
01-01-219-003-1018 299 2,133 14,871 17,004 810 E HILLSIDE AVE BARRINGTON 40 2.63400 9,190
01-01-219-003-1019 299 2,133 14,871 17,004 820 E HILLSIDE AVE BARRINGTON 40 2.63400 9,190
01-01-219-003-1020 299 1,370 9,553 10,923 822 E HILLSIDE AVE BARRINGTON 40 1.69200 5,903
01-01-219-003-1021 299 2,281 15,905 18,186 824 E HILLSIDE AVE BARRINGTON 40 2.81700 9,829
01-01-219-003-1022 299 2,281 15,905 18,186 826 E HILLSIDE AVE BARRINGTON 40 2.81700 9,829
01-01-219-003-1023 299 1,370 9,553 10,923 828 E HILLSIDE AVE BARRINGTON 40 1.69200 5,903
01-01-219-003-1024 299 2,133 14,871 17,004 830 E HILLSIDE AVE BARRINGTON 40 2.63400 9,190
01-01-219-003-1025 299 2,133 14,871 17,004 840 BRISTOL DR BARRINGTON 40 2.63400 9,190
01-01-219-003-1026 299 1,370 9,553 10,923 842 BRISTOL DR BARRINGTON 40 1.69200 5,903
01-01-219-003-1027 299 2,281 15,905 18,186 844 BRISTOL DR BARRINGTON 40 2.81700 9,829
01-01-219-003-1028 299 2,281 15,905 18,186 846 BRISTOL DR BARRINGTON 40 2.81700 9,829
01-01-219-003-1029 299 1,370 9,553 10,923 848 BRISTOL DR BARRINGTON 40 1.69200 5,903
01-01-219-003-1030 299 2,133 14,871 17,004 850 BRISTOL DR BARRINGTON 40 2.63400 9,190
01-01-219-003-1031 299 2,133 14,871 17,004 860 BRISTOL DR BARRINGTON 40 2.63400 9,190

6. Condo Unit Extrapolation Grid
PIN CLASS LAND AV BUILDING AV TOTAL AV HOUSE DIR STREET SUFFIX APT CITY AGE % OF INT. REQUESTED TOTAL AV
01-01-219-003-1032 299 1,370 9,553 10,923 862 BRISTOL DR BARRINGTON 40 1.69200 5,903
01-01-219-003-1033 299 2,281 15,905 18,186 864 BRISTOL DR BARRINGTON 40 2.81700 9,829
01-01-219-003-1034 299 2,281 15,905 18,186 866 BRISTOL DR BARRINGTON 40 2.81700 9,829
01-01-219-003-1035 299 1,370 9,553 10,923 868 BRISTOL DR BARRINGTON 40 1.69200 5,903
01-01-219-003-1036 299 2,133 14,871 17,004 870 BRISTOL DR BARRINGTON 40 2.63400 9,190
01-01-219-003-1037 299 2,133 14,871 17,004 880 BRISTOL DR BARRINGTON 40 2.63400 9,190
01-01-219-003-1038 299 1,370 9,553 10,923 882 BRISTOL DR BARRINGTON 40 1.69200 5,903
01-01-219-003-1039 299 2,281 15,905 18,186 884 BRISTOL DR BARRINGTON 40 2.81700 9,829
01-01-219-003-1040 299 2,281 15,905 18,186 886 BRISTOL DR BARRINGTON 40 2.81700 9,829
01-01-219-003-1041 299 1,370 9,553 10,923 888 BRISTOL DR BARRINGTON 40 1.69200 5,903
01-01-219-003-1042 299 2,133 14,871 17,004 890 BRISTOL DR BARRINGTON 40 2.63400 9,190